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January 25, 2021
New Zealand log export prices to China at high levels in January
Due to the current ban on all Australian softwood imports into the country, a monthly supply gap of about 400,000 cubic meters has been created, accounting for about 10% of the total domestic imports. This gap is likely to be filled by New Zealand timber companies. The global recurrence of the coronavirus pandemic and the global shortage of container freight will reduce the supply of European logs, because most European logs arrive in the country in the form of containers. In January, the export price of Grade A logs at most ...
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